Tuesday, 21 July 2009

Snail action from the Banks

My DMP has been approved 3 months ago .... till today, I am receiving monthly overdue payment statements from the banks .... late charges, high interest charges. I cannot see the efficiency of the banks on this matter . Fortunately, no telephone calls from them again, however, do receive SMS reminders on the due payments.

I am making my 4th DMP instalment this month, yes, banks recorded the receipt of my payments thro' AKPK, however, the statement still show, the payment is just a part payment, hence, delay and late charges still applies. If the late charges are going to accumulate, my DMP instalment will NOT even cover the finance + late charges. Bank, Bank, why are you so slow in action ?

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